Qalaa Holdings Receives $120 M for ERC

• Thursday, 30th May 2019
• by Mai El Ghandour

The final tranche was requested by ERC's project finance lenders and is divided into $70 million for capital increase and $50 million for shareholders' loan.

Edison to Drill 3 Wells in Egypt

• Wednesday, 5th October 2016
• by Sarah Samir

Edison's Commercial Manager, Tarek Shalaby, stated that the Italian firm will start drilling 3 new wells in its gas concessions in Egypt including South Edco, Abu Qir, and North West El Gendy during January 2017